Kevin Hart Net Worth (Money & Salary)

What is Kevin Hart’s net worth?

With an estimated net worth of $450 million, Kevin Hart stands out as an American comedian, producer, spokesman, and actor. Recognized as one of the highest-paid entertainers globally, he typically generates between $50 and $60 million annually from various sources. Notably, from August 2015 to August 2016, he amassed $90 million through touring, movies, endorsements, merchandise, and other avenues. Between June 2017 and June 2018, his earnings reached $60 million, matching the same amount in the subsequent year, followed by $40 million in the next 12 months. As detailed in the paragraph below, the essential component of Kevin Hart’s wealth lies in his majority ownership of the media enterprise HeartBeat, which was valued at $650 million in May 2022.

Hart started his journey in comedy by performing across clubs and venues throughout the United States. His vibrant storytelling approach, energetic presentation, and humor that resonates with audiences quickly established him a loyal fan base.

His fame escalated with the debut of various comedy specials, including “I’m a Grown Little Man,” “Seriously Funny,” and “Laugh at My Pain.” These specials highlighted his knack for relating to viewers through personal narratives and self-deprecating jokes.

Beyond stand-up comedy, Hart has also made significant strides in the film sector. He has acted in numerous box office successes such as “Ride Along,” “Central Intelligence,” “Jumanji: Welcome to the Jungle,” and its sequel, “Jumanji: The Next Level.”

HartBeat Valuation

Kevin secured $100 million in May 2022 for launching a new media venture named HartBeat. This investment, provided by the private equity firm Abry Partners, appraised HartBeat at $650 million. Kevin’s share of that investment constitutes the majority, meaning his remaining 85% stake amounts to $552 million at that valuation.

Early Life

Born on July 6, 1979, in Philadelphia, Pennsylvania, Kevin Hart was raised by his mother, Nancy, along with his older brother Robert. Nancy held a position at the University of Pennsylvania as a systems analyst in the Office of Student Registration and Financial Services. Hart completed his education at George Washington High School and briefly attended the Community College of Philadelphia before dropping out to relocate to New York City and later the Boston area, where he worked as a shoe salesman.

Career

Hart’s comedic journey began when he performed at an amateur night in a club near Philadelphia. His inaugural performance occurred at The Laff House in Philadelphia, where he did not achieve immediate success; in fact, he faced multiple instances of being booed off the stage. Initially, he tried to mimic popular comedians like Chris Tucker but soon realized that this approach wasn’t effective and revised his act.

In 2009, Hart launched his stand-up tour titled “I’m a Grown Little Man,” and followed it up with “Seriously Funny” in 2010, “Laugh at My Pain” in 2011, and “Let Me Explain” in 2013. The last two were also shown in theaters as feature films. He earned over $15 million from the “Laugh at My Pain” tour alone, marking it as one of the year’s leading comedy tours.

Kevin Hart began his “What Now?” Tour in Texas in April 2015. Subsequently, in July of the same year, Universal Pictures announced the theatrical release of “Kevin Hart: What Now?” set for October 14, 2016. He then continued with the “Irresponsible” tour and its release in 2019, followed by “Zero F**ks Given” in 2020, for which he received a nomination for Best Comedy Album at the 2022 Grammy Awards.

Success

Hart’s initial breakthrough occurred with his appearances on Comedy Central in “I’m a Grown Little Man” and “Seriously Funny.” This led to roles in films such as “The 40-Year-Old Virgin,” “Soul Plane,” and “Little Fockers,” which helped him gain broader recognition. Since that time, Kevin has performed in numerous film and television productions while maintaining one of the most demanding national comedy touring schedules. As of now, his films have collectively earned more than $1.3 billion at the global box office. Among his significant films are “Jumanji: Welcome to the Jungle” (and a sequel released in 2019), “The Secret Life of Pets” (which also had a sequel in 2019), “Central Intelligence,” and “Get Hard,” where he starred alongside Will Ferrell. In 2022, he featured with Mark Wahlberg in “Me Time.”

In January 2021, Hart entered into a first-look agreement with Netflix. The comedy heist film “Lift” is anticipated to debut in January 2024. He was also the star of Netflix’s “Fatherhood,” which premiered in June 2021.

Other Ventures

Kevin launched an underwear line in 2017 in partnership with Tommy John. The following year, he introduced a comedy streaming service known as Laugh Out Loud, which also includes a radio show on Sirius Satellite Radio. To date, the LOL network has amassed hundreds of millions of video views. He holds endorsement and partnership deals with several brands, including Samsung, Wrangler, AT&T, Mountain Dew, and PokerStars.

Hart has undertaken several highly successful comedy tours. His “What Now?” tour featured 168 shows globally from April 2015 through August 2016, while the “Irresponsible Tour” included 119 shows between September 2017 and January 2019. He typically earns around $70 million from touring each tour year.

In 2009, he established HartBeat Productions, which today employs more than 40 personnel handling Kevin’s movie, television, comedy, and radio ventures.

In August 2022, he launched a vegetarian restaurant named Hart House, aiming to create a chain that competes with fast-food options by providing flavorful plant-based alternatives. The first location opened in Los Angeles, offering a straightforward menu of veggie burgers and Chick’n products.

Personal Life

From 2003 until 2010, Kevin was married to fellow comedian Torrei Hart. Together, they had two children before their separation. Hart sought joint custody of their daughter Heaven Leigh, born in 2005, and son Hendrix, born in 2007. The divorce was finalized in November 2011.

On August 13, 2016, Kevin wed Eniko Parrish in Santa Barbara, California. Their son, Kenzo Kash, arrived in November 2017. A month after Kenzo’s birth, Hart confessed to having cheated on Eniko during her pregnancy. Their daughter

Born in September 2020, Kaori Mai entered the world.

In his standup act, Kevin has shared that his relationship with his father is quite challenging. His father, Henry Witherspoon, struggled with hardcore cocaine addiction for many years, which not only strained their relationship but also impacted Kevin’s childhood. Throughout his youth, his father frequently found himself in and out of prison. To cope with the stresses posed by an addicted father, Kevin developed his sense of humor, often using it to lighten the atmosphere for his family. He speaks fondly of his mother during his performances, although, tragically, she passed away from cancer in 2006.

In April 2013, Hart faced legal trouble when he failed a field sobriety test after nearly causing an accident with a tanker truck on a Los Angeles freeway. He was subsequently arrested on a misdemeanor DUI charge. By August of that same year, he received a sentence of three years probation.

A serious car accident occurred in August 2019, resulting in significant injuries for Kevin. He was a passenger in a 1970 Plymouth Barracuda when a friend lost control, driving the vehicle off a road in Malibu and into a ditch.

As of September 2020, Kevin Hart enjoys playing poker and has accumulated $47,828 in live tournament prizes.

Kevin Hart Height

What is Kevin Hart’s height? He stands at 5 feet 4 inches tall.

Real Estate

In 2012, Kevin purchased a home in Tarzana, California for $1.99 million. He sold this property in mid-2019 for $2.75 million. Currently, his main residence is a sprawling mansion located in a gated community in Calabasas, California. In 2015, he acquired a 26-acre undeveloped parcel of land for $1.35 million. Over the following two years, he planned and awaited the necessary approvals to construct a residence. He finally received the green light in April 2017 and went on to spend $5 million on a spectacular compound. The main house on this estate boasts 9,600 square feet and showcases a Spanish villa style.

Reportedly, in 2021, Kevin Hart bought an adjoining mansion in Calabasas for $7 million, expanding his total property holdings to 42 acres in this Los Angeles suburb.